1 Spectacular Vanguard ETF to Buy With $550 During the Tech Bear Market
The S&P 500 (SNPINDEX: ^GSPC) is made up of 500 companies from 11 different economic sectors. The information technology sector is the largest by a wide margin, representing 29.9% of the entire value of the index. The S&P 500 recently suffered a peak-to-trough decline of 19%, falling just shy of the bear-market threshold of 20%. However, the S&P 500 Information Technology index plunged by as much as 26%, placing it firmly in bear territory. Apple, Microsoft, and Nvidia are just some of the heavyweights in the information technology sector, so it's a good proxy for the performance of some of America's most valuable companies.The Vanguard Information Technology ETF (NYSEMKT: VGT) exclusively invests in stocks from the information technology sector (including those inside and outside the S&P 500), and it has outperformed the S&P 500 every year, on average since it was established in 2004. Therefore, investors with a spare $550 might want to take the opportunity to buy one share in this fund while it's trading at a discount during the tech bear market.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) is made up of 500 companies from 11 different economic sectors. The information technology sector is the largest by a wide margin, representing 29.9% of the entire value of the index.
The S&P 500 recently suffered a peak-to-trough decline of 19%, falling just shy of the bear-market threshold of 20%. However, the S&P 500 Information Technology index plunged by as much as 26%, placing it firmly in bear territory. Apple, Microsoft, and Nvidia are just some of the heavyweights in the information technology sector, so it's a good proxy for the performance of some of America's most valuable companies.
The Vanguard Information Technology ETF (NYSEMKT: VGT) exclusively invests in stocks from the information technology sector (including those inside and outside the S&P 500), and it has outperformed the S&P 500 every year, on average since it was established in 2004. Therefore, investors with a spare $550 might want to take the opportunity to buy one share in this fund while it's trading at a discount during the tech bear market.
